4. Funding boomed

HolonIQ lists 32 edtech “unicorns” as of November, which raised more than $21 billion in funding over the past decade. Class, which offers tools to make Zoom meetings more education-friendly, drew celebrity investments and a $105 million Series B funding round in July. The Zoom competitor InSpace in June announced $6 million in seed funding. InSpace is focusing on online meeting design, adding audio features and breakout rooms intended to immerse students.

The online course provider Emeritus, which in August announced a $650 million funding round, told EdScoop the investment would help build out direct-to-business education offerings. Emeritus historically targeted consumers, but company leaders said working with employers can align its offerings with business needs.

Colin Wood

Written by Colin Wood

Colin Wood is the editor in chief of StateScoop and EdScoop. He’s reported on government information technology policy for more than a decade, on topics including cybersecurity, IT governance and public safety.

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